Veranda Learning Solutions Ltd

📊 Veranda Shareholders Approve Demerger Plan for Commerce Education Vertical

- Shareholders approved the Composite Scheme of Arrangement among Veranda Learning Solutions Limited, Veranda XL Learning Solutions Private Limited, and J.K. Shah Commerce Education Limited.

- Demerger rationale: aims to create a separate entity for the Commerce vertical to enhance focus, scalability, and value creation.

- Meeting held on April 24, 2026, via video conference.

- E-voting facilitated by Central Depository Services (India) Limited (CDSL) from April 20 to April 23, 2026, with live webcast available.

- No shareholder queries or comments raised during the meeting, concluded at 11:30 AM.